Express

Ancient whale transferring over 80,000 BTC suspected of upgrading old wallet, no signs of selling yet

Summary: According to reports, blockchain analysis platform Arkham stated that the ancient whale that transferred over 80,000 BTC may have migrated due to an address upgrade, moving these bitcoins from the original old wallet to native SegWit addresses, changing addresses starting with "1-" to addresses starting with "bc1q-". It is said that native SegWit addresses offer ...

According to reports, blockchain analysis platform Arkham stated that the ancient whale that transferred over 80,000 BTC may have migrated due to an address upgrade, moving these bitcoins from the original old wallet to native SegWit addresses, changing addresses starting with "1-" to addresses starting with "bc1q-". It is said that native SegWit addresses offer higher security and lower fees. As of now, there are no signs indicating that this ancient whale is selling its bitcoins.

Last Update:

Tags:
Link: Ancient whale transferring over 80,000 BTC suspected of upgrading old wallet, no signs of selling yet [Copy]

Last: Opinion: Despite Musk's Wealth and Influence, Historical Challenges for Third Parties in the US

Next: Former DigitalMint Ransomware Negotiation Expert Accused of Colluding with Hackers to Extort Victims, Under Investigation by US Department of Justice

The GENIUS Act & Stablecoin Regulation: BRG's Dominic Zagara on Crypto's Defining ... 2 days ago

Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 5 days ago

Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 6 days ago

Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 9 days ago

US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 10 days ago